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02 Mar
16:35

Pig iron activity returns to US, subsides elsewhere

Merchant pig iron market dynamic has enlivened in the past week with fresh sales from Brazil to the US, amid already lively demand in the Mediterranean and Europe. Despite rising caution over Turkish scrap import prices potentially peaking, following an unprecedented rise over the last three weeks, US buying-week prospects are bullish (see Kallanish 27 February), thus maintaining upward momentum in major pig iron buying regions. Despite the considerable booking …
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